Entrewealth LLC Takes $822,000 Position in Global X U.S. Infrastructure Development ETF (BATS:PAVE)

Posted by Caroline Horne on Mar 18th, 2025

Entrewealth LLC bought a new position in shares of Global X U.S. Infrastructure Development ETF (BATS:PAVE – Free Report) in the 4th quarter, Holdings Channel.com reports. The institutional investor bought 20,062 shares of the company’s stock, valued at approximately $822,000.

A number of other hedge funds have also added to or reduced their stakes in PAVE. Sofi Wealth LLC bought a new stake in Global X U.S. Infrastructure Development ETF during the fourth quarter worth about $28,000. MassMutual Private Wealth & Trust FSB bought a new stake in shares of Global X U.S. Infrastructure Development ETF during the 4th quarter worth approximately $28,000. Hanson & Doremus Investment Management acquired a new stake in shares of Global X U.S. Infrastructure Development ETF in the 4th quarter valued at approximately $28,000. Key Financial Inc grew its stake in shares of Global X U.S. Infrastructure Development ETF by 613.2% in the fourth quarter. Key Financial Inc now owns 756 shares of the company’s stock valued at $31,000 after buying an additional 650 shares in the last quarter. Finally, Trivant Custom Portfolio Group LLC bought a new position in shares of Global X U.S. Infrastructure Development ETF in the fourth quarter valued at $32,000.

Global X U.S. Infrastructure Development ETF Trading Down 6.6 %

BATS PAVE opened at $38.72 on Tuesday. The firm has a market capitalization of $7.96 billion, a P/E ratio of 21.38 and a beta of 1.27. The firm’s fifty day moving average price is $40.96 and its two-hundred day moving average price is $41.58. Global X U.S. Infrastructure Development ETF has a 1 year low of $35.72 and a 1 year high of $46.18.

Global X U.S. Infrastructure Development ETF Dividend Announcement

The company also recently announced a dividend, which was paid on Tuesday, January 7th. Stockholders of record on Monday, December 30th were issued a $0.1394 dividend. The ex-dividend date was Monday, December 30th.

About Global X U.S. Infrastructure Development ETF

(Free Report)

The Global X U.S. Infrastructure Development ETF (PAVE) is an exchange-traded fund that mostly invests in stocks based on a particular theme. The fund tracks a market-cap-weighted index of US-listed companies that derive the majority of their revenue from or have a stated business purpose related to infrastructure development.